Coinbase ended its potentially promising high-yielding Lend platform on USD Coin a few months ago, so the most you can earn on the platform is 0.15% in annualized interest . Several platforms and exchanges offer rates as high as 6% to 14% on your USDC.18 Kas 2021
Read moreHow do you earn yield on USDC?
What do I have to do to start earning?
Read moreDoes USDC earn interest on Coinbase pro?
What is the current USDC Rewards APY rate? As of June 3rd, 2020, the APY for USDC Rewards is 0.15% .
Read moreCan USD Coin make money?
USD Coin (USDC) is a type of cryptocurrency that is referred to as a stablecoin. You can always redeem 1 USD Coin for US$1.00, giving it a stable price. On Coinbase, eligible customers can earn rewards for every USD Coin they hold .
Read moreWhat is the advantage of USD Coin?
The execution of issuing and redeeming USDC tokens is ensured with ERC-20 smart contract. Bringing US dollars on the blockchain allows moving them anywhere in the world within minutes, and brings much-needed stability to cryptocurrencies . Also, it opens up new opportunities for trading, lending, risk-hedging and more.
Read moreWhat’s the point of buying USDC?
1. Easier access to crypto markets . Using USDC allows you to buy, sell, and transfer funds while remaining in the cryptocurrency ecosystem. Instead of having to cash out to your traditional bank, you can hold USDC which is pegged to the US dollar.
Read moreCan USDC gain value?
USDC is primarily a stablecoin, which means it is a cryptocurrency that minimizes market fluctuations in its value .
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